For 2023, sales growth was forecast to be potentially very slow across Europe, the United States and China. A more optimistic forecast puts growth in China at seven percent, but it could be as low as two percent. This estimate was slightly lower in the U.S. and lowest of all in Europe.
Worldwide forecasted sales growth in the fashion industry in 2023, by region
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The Business of Fashion, & McKinsey & Company. (November 29, 2022). Worldwide forecasted sales growth in the fashion industry in 2023, by region [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/
The Business of Fashion, und McKinsey & Company. "Worldwide forecasted sales growth in the fashion industry in 2023, by region." Chart. November 29, 2022. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/
The Business of Fashion, McKinsey & Company. (2022). Worldwide forecasted sales growth in the fashion industry in 2023, by region. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/
The Business of Fashion, and McKinsey & Company. "Worldwide Forecasted Sales Growth in The Fashion Industry in 2023, by Region." Statista, Statista Inc., 29 Nov 2022, https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/
The Business of Fashion & McKinsey & Company, Worldwide forecasted sales growth in the fashion industry in 2023, by region Statista, https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/ (last visited November 17, 2024)
Worldwide forecasted sales growth in the fashion industry in 2023, by region [Graph], The Business of Fashion, & McKinsey & Company, November 29, 2022. [Online]. Available: https://www.statista.com/statistics/802943/fashion-industry-sales-growth-worldwide-by-region/